MCCRACKEN JANICE S (EVP/Chief Financial Officer) exercised options at QNB CORP.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

MCCRACKEN JANICE S

Filed: 2/10/2021ACC: 0001384860-21-000009

InsiderMCCRACKEN JANICE SCIK 1384860

→

IssuerQNB CORP.CIK 750558

Officer· EVP/Chief Financial Officer

Since Feb 2019

+9.23K

Net shares

Net buyer

$177.7K

Total acquired

Open market trades

0B · 0S

Total transactions

9.23K acquired

Non-Derivative Transactions3

Common Stock

Direct

M · Option Exercise

+2.34K

Price / share

$30.40

Trade value

$71.26K

% of position

100.3%

2/8/2021

2.34K→4.68K

Common Stock

Direct

F · Tax Withholding

+2.23K

Price / share

$32.00

Trade value

$71.26K

% of position

978.4%

2/8/2021

227.61→2.45K

Common Stock

Direct

M · Option Exercise

+1.16K

Price / share

$30.40

Trade value

$35.14K

% of position

47.1%

2/8/2021

2.45K→3.61K

Total

Net shares

+5.73K

Net value

$177.66K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/8/2021	M · Option Exercise	+2.34K	$30.40	$71.26K	100.3%	2.34K	4.68K
Common Stock Direct	2/8/2021	F · Tax Withholding	+2.23K	$32.00	$71.26K	978.4%	227.61	2.45K
Common Stock Direct	2/8/2021	M · Option Exercise	+1.16K	$30.40	$35.14K	47.1%	2.45K	3.61K
Total			+5.73K		$177.66K

Derivative Transactions1

Common Stock(Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.50K shares

+3.50K

Strike price

30.4

Held after

0.00

Exercisable

—

2/8/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Common Stock(Right to Buy) Direct	Common Stock3.50K shares	2/8/2021	M · Option Exercise	+3.50K	30.4	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Common Stock(Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

3.38K

Shares owned

3.38K

Exercise price

38.15

Expiration

—

Exercise window

—

Common Stock(Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

3.40K

Shares owned

3.40K

Exercise price

37.6

Expiration

—

Exercise window

—

Common Stock(Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

3.50K

Shares owned

3.50K

Exercise price

36.5

Expiration

—

Exercise window

—

Common Stock(Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

3.38K

Shares owned

3.38K

Exercise price

43.6

Expiration

—

Exercise window

—

Total

Underlying

13.65K

Owned

13.65K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Common Stock(Right to Buy) Direct	Common Stock	38.15	—	—	3.38K	3.38K
Common Stock(Right to Buy) Direct	Common Stock	37.6	—	—	3.40K	3.40K
Common Stock(Right to Buy) Direct	Common Stock	36.5	—	—	3.50K	3.50K
Common Stock(Right to Buy) Direct	Common Stock	43.6	—	—	3.38K	3.38K
Total					13.65K	13.65K